Shares of Alphabet rose about 5% after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.
Read More Google parent Alphabet jumps on quantum chip breakthrough
Tag: Thomas Hayes
Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soar
Starbucks named Chipotle Mexican Grill head Brian Niccol as its new CEO in a shock move that sent the coffee chain’s shares up over 20%.
Read More Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soar
S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
Wall St rallies as cooling inflation boosts peak rate bets
Wall Street’s main stock indexes climbed inflation data boosted expectations the Federal Reserve was done raising interest rates.
Read More Wall St rallies as cooling inflation boosts peak rate bets